http://www.infowars.com/ Joseph E. Stiglitz, former Senior Vice President, Chief Economist of the World Bank, and Nobel recipient
Joseph E. Stiglitz was born in Gary, Indiana in 1943. A graduate of Amherst College, he received his PHD from MIT in 1967, became a full professor at Yale in 1970, and in 1979 was awarded the John Bates Clark Award, given biennially by the American Economic Association to the economist under 40 who has made the most significant contribution to the field. He has taught at Princeton, Stanford, MIT and was the Drummond Professor and a fellow of All Souls College, Oxford. He is now University Professor at Columbia University in New York and Chair of Columbia University's Committee on Global Thought. He is also the co-founder and Executive Director of the Initiative for Policy Dialogue at Columbia. In 2001, he was awarded the Nobel Prize in economics for his analyses of markets with asymmetric information. Stiglitz was a member of the Council of Economic Advisers from 1993-95, during the Clinton administration, and served as CEA chairman from 1995-97. He then became Chief Economist and Senior Vice-President of the World Bank from 1997-2000.
Stiglitz holds a part-time appointment at the University of Manchester as Chair of the Management Board and Director of Graduate Summer Programs at the Brooks World Poverty Institute.
Stiglitz helped create a new branch of economics, "The Economics of Information," exploring the consequences of information asymmetries and pioneering such pivotal concepts as adverse selection and moral hazard, which have now become standard tools not only of theorists, but of policy analysts. He has made major contributions to macro-economics and monetary theory, to development economics and trade theory, to public and corporate finance, to the theories of industrial organization and rural organization, and to the theories of welfare economics and of income and wealth distribution. In the 1980s, he helped revive interest in the economics of R&D.
His work has helped explain the circumstances in which markets do not work well, and how selective government intervention can improve their performance.
Recognized around the world as a leading economic educator, he has written textbooks that have been translated into more than a dozen languages. He founded one of the leading economics journals, The Journal of Economic Perspectives. His book Globalization and Its Discontents (W.W. Norton June 2001) has been translated into 35 languages and has sold more than one million copies worldwide. Other recent books include The Roaring Nineties (W.W. Norton), Towards a New Paradigm in Monetary Economics (Cambridge University Press) with Bruce Greenwald, Fair Trade for All (Oxford University Press), with Andrew Charlton, and Making Globalization Work, (WW Norton and Penguin/ Allen Lane, September 2006). His most recent book, The Three Trillion Dollar War: The True Cost of the Iraq Conflict, with Linda Bilmes of Harvard University, was published in March 2008 by WW Norton and Penguin/ Allen Lane.
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its really funny this guy is taken seriously....here is is on the fucking alex jones looney tunes "911 was a inside hologram UFO" hour, and when hes not doing this he is getting sucked off by hugo chavez.
Yesterday's Alex Jones Show is always available via phone at 575-464-3071. This is updated every day for the M-F shows. (You can use 1 to pause and resume, 2 to Rewind, 3 to Fast Forward) Pass this on to everyone you know. We need to get this out!
Just like in vietnam, thier plan is to fight and fight, thier policy is to never surrender and even die for what they believe in, the strategy they use is freedom of speech, they can't win this war alone, thier looking towards americans to help them, americans will aid in ending the war, and you people better wake up, we can't let tyrants and terrorists walk around free, plain and simple. People, you're thier greatest allies, and biggest defenders, it makes me sick to hear people say the war is
You people need to get your head out of the gutter and make some progress here, I'm sick and tired of hearing this nonsense about the war being a bad thing when it's not... The US tried to resolve this diplomaticly, it didn't work. A lot of people think it was stupid for them to take the challange against the super power of the world, and it's not because they were stupid, but because they were smart, and yes, they can win, thier stratagy is to use our own people and our own freedoms against us.
How would stiglitz know? Sure I know he's a smart guy, but he's not involved in politics and he's been retired for almost 10 years... Anything he say's is merely speculation.
I'm so sick and tired of people saying all this BS about how this war is going to cost over 3 trillion dollars in the long run, and the US economy is cripled, it's BS, people... Seriously, instead of listening to wackos like alex jones, and speculating on what what you think may happen and worrying, just wait and see..
phorse you sound like a horse's ass. pull your head out and see what is really going on. Do your research. I agree with wayland 063. Where do you get your info anyway. I bet you get it from Fox news. We are going through exactly what Joseph E. Stiglitz said it would......
I know of a friend who is in world politics too and he is also consultant n advisor to lots of countries on economic issues. I learnt from him that US always under declared their deficit and cost.
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This is updated every day for the M-F shows.
(You can use 1 to pause and resume, 2 to Rewind, 3 to Fast Forward)
Pass this on to everyone you know. We need to get this out!
I'm so sick and tired of people saying all this BS about how this war is going to cost over 3 trillion dollars in the long run, and the US economy is cripled, it's BS, people... Seriously, instead of listening to wackos like alex jones, and speculating on what what you think may happen and worrying, just wait and see..